by Matthew Russell Lee, Patreon Book Substack
SDNY COURTHOUSE, Aug 28 – British billionaire Joseph Lewis, owner of the Tottenham Football Club, Tavistock, jets and yacht, was indicted and released on bail on securities fraud charges on July 26, 2023. Inner City Press was there and live tweeted, thread here:
OK - now presentment of Tottenham FC owner Joe Lewis for insider trading. He's 86; 2 pilots indicted with him. Will SDNY prosecutors be asking for detention as risk of flight, as they didn't on #SBF (coming up at 2 pm)?
Assistant US Attorney Nicolas Roos (he's due on SBF in 27 minutes). For Lewis, Skadden Arps. Crowley for one pilot, in the front. Judge Figueredo: When were they arrested?
AUSA Roos: Self-surrender at 6:30 am. Judge Figueredo: Are we doing an arraignment as well as presentment? AUSA Roos: Yes, the judge referred it for both. Judge Figueredo: Mr. Lewis, you are charged with securities fraud... and false statements. How do you plead? Lewis: Not guilty, Your Honor.
Judge Figueredo: Mr. O'Connor, how do you plead? O'Connor: Not guilty. Judge: Mr. Waugh, how do you plead? Waugh: Not guilty, your Honor. [Rule 5f warning to prosecutors given] Judge: I understand there's an agreement on bail. AUSA Roos: For Mr. Lewis a $300 million personal recognizance bond secured by yacht & private aircraft, co-signed by 2 financial responsible people [to be public, as after Inner City Press filing, SBF's are?]
Judge: $300 million, but how much for so-signers? AUSA Roos: We don't know who they will be, the amount will depend on that. We will submit to the court [under seal, like they tried on SBF?]
AUSA Roos: For the pilots, the conditions are the same: $250,000 bond, signed by one FRP, surrender of passports, reporting to pre-trial services as directed. Travel restricted to continental US, no piloting of aircrafts, surrender of firearms
Judge Figueredo: Control date for next conference September 5.
Full indictment on Patreon here
On August 28, the assigned District Judge issued this: "ORDER as to Joseph Lewis, Patrick O'Connor, Bryan Marty Waugh. On August 8, 2023, at a pretrial conference in this case, counsel for Defendants Patrick OConnor and Bryan Marty Waugh alerted the Court to benefactor payments that could give rise to potential conflicts of interest. The Court is inclined to believe that a Curcio hearing should be held. To that end, by September 6, 2023, counsel for Defendants OConnor and Waugh shall submit a joint letter further describing the payment arrangements at issue here and whether they believe a Curcio hearing is necessary. By September 15, 2023, the Government shall respond with its analysis of potential conflicts and its position on whether a Curcio hearing is necessary. If the Government believes a hearing is necessary, it shall set forth in the letter its position on: (1) whether the potential conflict is waivable; (2) whether the Curcio hearing can be held on one day or should be divided into two proceedings so that the Defendants can consider whether to waive any potential conflict before reconvening; and (3) whether the Court should appoint independent counsel to advise the Defendants with respect to this matter. To the extent applicable, the Government also shall attach to its letter a "Curcio script" with a proposed allocution for the Court to use at a proceeding. (Government Responses due by 9/15/2023). (Signed by Judge Jessica G. L. Clarke on 8/28/2023)."
The case is US v. Lewis, et al., 23-cr-370 (Clark)
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